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Junior Financial Controller

Socket.dev

Position Summary We are looking for a motivated and detail-oriented Junior Controller to join our accounting team and grow within a dynamic, vertically integrated real estate platform. This role spans active development projects, stabilized multifamily and hospitality assets, and family office entities. Key Responsibilities Financial Close & Reporting

  • Support the monthly, quarterly, and annual close process across all entities, development projects, and stabilized assets — ensuring financials are completed accurately and on time
  • Assist in preparing internal financial statements including income statements, balance sheets, cash flow statements, and variance analyses at both the asset and consolidated platform level
  • Help produce investor reporting packages, capital account schedules, and waterfall calculations for partnership and joint venture entities
  • Contribute to maintaining the consolidated financial picture across ownership structures, including intercompany eliminations and family office-level reporting
Property & Lease Accounting
  • Support property-level accounting across the stabilized portfolio including rent rolls, CAM reconciliations, tenant billings, and lease abstractions
  • Apply ASC 842 lease accounting standards across commercial, residential, and hospitality assets under the guidance of senior staff
  • Assist in reviewing property-level financial packages prior to distribution to ownership and asset management
  • Collaborate with property managers and asset managers to ensure operating results are accurately captured and anomalies are identified and resolved promptly
Development & Construction Accounting
  • Support accounting for active development projects, including job costing, hard and soft cost tracking, and draw request preparation and reconciliation
  • Assist with lender draw packages, construction loan compliance reporting, and cost-to-complete analyses in coordination with the development and project management teams
  • Help track capitalized costs, interest carry, and development fee recognition in accordance with GAAP and applicable real estate accounting standards
  • Work with Procore for project cost data and support its integration with Sage Intacct for financial reporting and GL posting
Treasury, Cash Management & Internal Controls
  • Assist in monitoring cash flow across operating, reserve, and escrow accounts to help maintain platform-wide liquidity visibility
  • Support accounts payable, accounts receivable, payroll, and GL functions, ensuring accuracy, timeliness, and appropriate segregation of duties
  • Help maintain and apply accounting policies and internal controls in line with institutional and family office governance requirements
  • Assist in tracking debt covenant compliance across financed assets and flagging potential issues to senior leadership
Tax, Audit & Compliance
  • Support annual audit preparation and serve as a resource for external auditors, tax advisors, and legal counsel under senior supervision
  • Assist with federal, state, and local tax compliance across all entities, including partnership returns, 1099 filings, and estimated payment schedules
  • Help support tax planning initiatives such as 1031 exchanges, cost segregation studies, opportunity zone compliance, and depreciation strategy
  • Ensure financial records and documentation are organized, audit-ready, and maintained in accordance with company retention policies
Systems & Process Involvement
  • Work within Sage Intacct and Procore, supporting chart of accounts maintenance, cost code accuracy, and reporting hierarchy integrity
  • Contribute to annual budgeting, forecasting, and reforecasting cycles across the operating portfolio and development pipeline
  • Identify opportunities for process improvements that increase efficiency, reduce close cycle time, and improve reporting quality
  • Collaborate across departments — including asset management, development, and property management — to support accurate and timely financial reporting
Qualifications Required
  • 1–3 years of accounting experience, ideally within real estate, development, or a related industry
  • Solid understanding of GAAP, including familiarity with real estate-specific standards (ASC 842, capitalization of development costs)
  • Experience with property-level accounting including rent rolls, CAM reconciliations, and lease administration
  • Proficiency in accounting software; experience with Sage Intacct and/or Procore a strong plus
  • Strong Excel skills and comfort working with multi-entity, multi-project financial data
  • High attention to detail, strong organizational skills, and ability to manage multiple deadlines in a fast-paced environment
  • Bachelor’s degree in Accounting, Finance, or a related field
Preferred
  • Experience in a developer, family office, operator, or investment platform environment
  • Exposure to construction loan draw packages, job costing, or development project accounting
  • CPA candidate or actively pursuing CPA licensure
  • Familiarity with partnership accounting, waterfall distributions, or investor reporting
What We Offer This role offers a rare opportunity to grow within a sophisticated, vertically integrated real estate platform. You will gain hands‑on experience across every dimension of real estate finance — development, operations, and investment — while working directly alongside senior leadership and ownership. For the right candidate, this is a defined path to a senior controller or VP of Finance role. #J-18808-Ljbffr Socket.dev

Vacancy posted 17 hours ago
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